Want to know why EURUSD is going downwards for the next 48 hours?

Past performance is not an indicator of future results.
Based on the last 12 Durable Goods Orders ex Tansp MoM events in United States, we expect a $530 movement on EURUSD within the next 48 hours. We expect EURUSD to trend downwards for the next 48 hours because the released value is < 0.1%

Historical events that allowed us to draw this conclusion

21 Dec 13:30
21 Nov 13:30
25 Oct 13:30
27 Sep 13:30
26 Jul 13:30
26 Apr 13:30
27 Feb 13:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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